Bihar Government notifies rate of interest for General provident fund deposits

The Government of Bihar through notification dated 5 February, 2021 has notified that interest shall be provided at rate of 7% on total deposits of subscribers of General Provident Fund or similar funds for the last quarter of the financial year 2020-2021 (01.01.2021-31.03.2021). The interest shall be provided on the accumulated amount in the General provident fund/ Contributory provident fund account of the subscribers.